Looks like a beginners salary in a Private company.
Take it if you are getting less than half in the Phil.
Do you have a 2 year or unlimited contract, if an unlimited contract you are tied to the company for 5 years. Are they providing you with a yearly ticket. Is medical being covered, medical is not a problem, you can get a HMC health card.
Food, clothing, transportation is expensive compared to the Phil. but you will survive and may save a small amount.